Reuters  Mar 20  Comment 
Kurdistan will export 100,000 barrels of oil per day through the Iraqi pipeline network from April 1 as a "gesture of goodwill" while negotiations with Baghdad continue, a statement from the region's prime minister said on Thursday.     
Sydney Morning Herald  Feb 13  Comment 
The managing director of SPC Ardmona says he hopes a recent boost in sales will continue after the company committed to staying in Australia.     
Times Online  Dec 31  Comment 
Passengers whose Christmases were ruined by a power failure at Gatwick and the cancellation of more than 100 flights have...
The Hindu Business Line  Dec 26  Comment 
An endurance athlete himself, Neville Bilimoria gets Chennai running for a good cause.
DailyFinance  Dec 16  Comment 
SANTA ANA, CA -- (Marketwired) -- 12/16/13 -- Goodwill of Orange County, a social enterprise organization in the business of helping people facing barriers secure jobs that provide purpose announced today that Kathy Copeland, Ph.D. has...
The Economic Times  Dec 4  Comment 
UNICEF's newest Goodwill Ambassador, Perry would be lending her voice to amplify the voices of children and young people around the world.
Forbes  Dec 2  Comment 
The agonizing struggle to provide food and shelter for the millions of Filipinos who shared in the suffering of Typhoon Haiyan coincides with another menace – that of China’s ever more ominous claims to the seas around its periphery.
DailyFinance  Nov 25  Comment 
Sprint (NYSE: S) recently announced the 2013 recipients of its Denver Local Giving Program. In total, three area non-profit organizations were awarded grants as part of this signature community-support program. The Denver...
The Economic Times  Nov 6  Comment 
Saudi leaders fear Obama's administration has stopped listening to its Arab ally, particularly on Syria's civil war and the nuclear dispute with Iran.


Goodwill is the premium paid by an acquiring company over and above the acquired company's tangible book value. On a company's balance sheet, goodwill represents the sum of all the premiums the company has paid for all of its acquisitions (although occasionally goodwill from past acquisitions whose value has fallen is written down).

Because tangible book value is equivalent to the replacement cost of a company - IE, what it would cost to buy all the company's properties, buildings, factories, and machines, hire all its workers, etc. - you might think an acquiring company would never pay more than tangible book value. After all, the acquiring company could simply build the acquisition target company from scratch for the price of its tangible book value.

However, most companies have intangible assets - such as relationships with key customers, patents and trademarks, the unique character of its employees, which are not so easily replaced. So, acquiring companies frequently pay more for a company than its tangible book value.

The acquiring company must carry the premium it pays for its acquisition targets above tangible book value as "goodwill".

Goodwill is an intangible asset arising from an acquisition, but not all intangible assets are goodwill - only those a company owns as a result of purchasing other companies. It should be noted that because Goodwill is technically an intangible asset, companies will occasionally lump the two together on the balance sheet, typically as "Goodwill and Intangibles".

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